Out-Class, a Lahore-based EdTech startup, raised $500,000 seed funding from the House of Habib.
Elevator pitch: Netflix for students.
Make me care: Pakistan has the world’s second highest number of out-of-school children.
According to estimates, 23 million out-of-school children in Pakistan aged 5-16, representing 44% of the population.
Out-Class wants to change this trend.
Tell me more: Out-Class is convinced that conventional tuition centers and academies cannot stem this tide of undereducated youth.
Instead, there needs to be a digital solution to this problem.
One that allows students to learn from the comfort of their homes, on their schedule, and at their convenience.
In other words, everything you get in person at a tuition center or an academy is delivered to you online at a reasonable price.
You should know: Out-Class was founded in 2020 by Aiman Bashir, Ali Nomani, and Oosman Bashir.
It plans to use the fresh funding to increase its course offerings, improve the quality of its teachers, and enhance the platform’s personalization features.
Zoom out: Out-Class claims to have already served over 10,000 students and plans to add SSC and matriculation courses before the end of the year.
It faces competition from Maqsad, EdKasa, Scholar Den, and NearPeer.